CIBC World Markets Inc. maintained its stake in shares of Genworth Financial Inc (NYSE:GNW) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 50,578 shares of the financial services provider’s stock at the close of the second quarter. CIBC World Markets Inc.’s holdings in Genworth Financial were worth $191,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. OMERS ADMINISTRATION Corp boosted its holdings in shares of Genworth Financial by 1.6% in the 2nd quarter. OMERS ADMINISTRATION Corp now owns 2,890,200 shares of the financial services provider’s stock valued at $10,896,000 after buying an additional 45,500 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in Genworth Financial by 17.8% during the 1st quarter. Oppenheimer & Co. Inc. now owns 62,726 shares of the financial services provider’s stock worth $258,000 after buying an additional 9,495 shares during the last quarter. Geode Capital Management LLC raised its position in Genworth Financial by 8.6% during the 1st quarter. Geode Capital Management LLC now owns 3,909,751 shares of the financial services provider’s stock worth $16,108,000 after buying an additional 309,296 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in Genworth Financial by 29.5% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 48,181 shares of the financial services provider’s stock worth $199,000 after buying an additional 10,972 shares during the last quarter. Finally, Gotham Asset Management LLC raised its position in Genworth Financial by 37.0% during the 1st quarter. Gotham Asset Management LLC now owns 86,934 shares of the financial services provider’s stock worth $358,000 after buying an additional 23,470 shares during the last quarter. Institutional investors and hedge funds own 67.59% of the company’s stock.

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A number of brokerages have commented on GNW. BidaskClub upgraded shares of Genworth Financial from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 9th. BTIG Research reissued a “neutral” rating on shares of Genworth Financial in a research note on Saturday, September 16th. ValuEngine raised shares of Genworth Financial from a “sell” rating to a “hold” rating in a research note on Tuesday, June 27th. Wells Fargo & Company reissued a “hold” rating on shares of Genworth Financial in a research note on Tuesday, August 1st. Finally, Zacks Investment Research cut shares of Genworth Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, July 4th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $4.36.

Shares of Genworth Financial Inc (NYSE:GNW) opened at 3.82 on Friday. Genworth Financial Inc has a 1-year low of $3.23 and a 1-year high of $5.27. The stock’s market cap is $1.91 billion. The stock’s 50 day moving average is $3.55 and its 200-day moving average is $3.72.

Genworth Financial (NYSE:GNW) last issued its quarterly earnings results on Tuesday, August 1st. The financial services provider reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.08. Genworth Financial had a negative return on equity of 1.63% and a negative net margin of 1.66%. The company had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.14 billion. During the same period in the previous year, the company earned $0.39 earnings per share. The company’s quarterly revenue was down .6% compared to the same quarter last year. On average, analysts anticipate that Genworth Financial Inc will post $1.03 EPS for the current year.

Genworth Financial Company Profile

Genworth Financial, Inc (Genworth) is a financial security company. The Company provides insurance, wealth management, investment and financial solutions. As of December 31, 2011, the Company had more than 15 million customers, with a presence in more than 25 countries. The Company operates in Insurance, Mortgage Insurance and Corporate and Runoff.

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Institutional Ownership by Quarter for Genworth Financial (NYSE:GNW)

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